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AXIS CAPITAL HOLDINGS LTD（AXS）与DYCOM INDUSTRIES INC（DY）财务数据对比。点击上方公司名可切换其他公司
AXIS CAPITAL HOLDINGS LTD的季度营收约是DYCOM INDUSTRIES INC的1.2倍（$1.7B vs $1.5B），AXIS CAPITAL HOLDINGS LTD净利率更高（16.7% vs 7.3%，领先9.4%），AXIS CAPITAL HOLDINGS LTD同比增速更快（17.8% vs 14.1%），过去两年DYCOM INDUSTRIES INC的营收复合增速更高（23.5% vs 10.3%）
AXIS资本控股有限公司是AXIS集团的控股主体，通过百慕大、美国、加拿大、欧洲及新加坡的子公司与分支机构网络，提供各类风险转移产品及服务。保险业务覆盖财产、职业责任、恐怖主义、航运、能源、环境等领域，再保险业务包含财产、职业责任、信用债券等品类。
本公司是美国基础设施服务供应商，服务覆盖电力、管道、工业、通信四大领域，具备各类网络基础设施的规划、设计、安装、项目管理、运维及抢修能力。成立以来坚持内生增长，同时已收购150多家电力承包行业企业，为众多大型电力领域客户提供专业服务。
AXS vs DY — 直观对比
营收规模更大
AXS
是对方的1.2倍
$1.5B
营收增速更快
AXS
高出3.7%
14.1%
净利率更高
AXS
高出9.4%
7.3%
两年增速更快
DY
近两年复合增速
10.3%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.5B |
| 净利润 | $289.6M | $106.4M |
| 毛利率 | — | — |
| 营业利润率 | 19.0% | 9.7% |
| 净利率 | 16.7% | 7.3% |
| 营收同比 | 17.8% | 14.1% |
| 净利润同比 | -1.4% | 52.4% |
| 每股收益（稀释后） | $3.63 | $3.63 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AXSDY
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.6B | $1.3B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.4B | $952.5M |
净利润AXSDY
| Q4 25 | $289.6M | $106.4M | ||
| Q3 25 | $301.9M | $97.5M | ||
| Q2 25 | $223.4M | $61.0M | ||
| Q1 25 | $194.1M | $32.7M | ||
| Q4 24 | $293.6M | $69.8M | ||
| Q3 24 | $180.7M | $68.4M | ||
| Q2 24 | $212.0M | $62.6M | ||
| Q1 24 | $395.5M | $23.4M |
营业利润率AXSDY
| Q4 25 | 19.0% | 9.7% | ||
| Q3 25 | 22.1% | 9.5% | ||
| Q2 25 | 17.2% | 6.2% | ||
| Q1 25 | 15.5% | 4.1% | ||
| Q4 24 | 18.6% | 7.2% | ||
| Q3 24 | 14.2% | 7.9% | ||
| Q2 24 | 17.4% | 6.8% | ||
| Q1 24 | 19.0% | 3.3% |
净利率AXSDY
| Q4 25 | 16.7% | 7.3% | ||
| Q3 25 | 18.0% | 7.1% | ||
| Q2 25 | 13.7% | 4.9% | ||
| Q1 25 | 12.8% | 3.0% | ||
| Q4 24 | 20.0% | 5.5% | ||
| Q3 24 | 11.2% | 5.7% | ||
| Q2 24 | 14.6% | 5.5% | ||
| Q1 24 | 27.8% | 2.5% |
每股收益（稀释后）AXSDY
| Q4 25 | $3.63 | $3.63 | ||
| Q3 25 | $3.74 | $3.33 | ||
| Q2 25 | $2.72 | $2.09 | ||
| Q1 25 | $2.26 | $1.11 | ||
| Q4 24 | $3.38 | $2.37 | ||
| Q3 24 | $2.04 | $2.32 | ||
| Q2 24 | $2.40 | $2.12 | ||
| Q1 24 | $4.53 | $0.79 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $820.3M | $110.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $1.5B |
| 总资产 | $34.5B | $3.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AXSDY
| Q4 25 | $820.3M | $110.1M | ||
| Q3 25 | $825.9M | $28.5M | ||
| Q2 25 | $852.1M | $16.1M | ||
| Q1 25 | $2.8B | $92.7M | ||
| Q4 24 | $2.1B | $15.3M | ||
| Q3 24 | $981.0M | $19.6M | ||
| Q2 24 | $1.1B | $26.1M | ||
| Q1 24 | $1.1B | $101.1M |
股东权益AXSDY
| Q4 25 | $6.4B | $1.5B | ||
| Q3 25 | $6.4B | $1.4B | ||
| Q2 25 | $6.2B | $1.3B | ||
| Q1 25 | $5.9B | $1.2B | ||
| Q4 24 | $6.1B | $1.2B | ||
| Q3 24 | $6.1B | $1.2B | ||
| Q2 24 | $5.7B | $1.1B | ||
| Q1 24 | $5.5B | $1.1B |
总资产AXSDY
| Q4 25 | $34.5B | $3.3B | ||
| Q3 25 | $34.3B | $3.2B | ||
| Q2 25 | $34.2B | $3.1B | ||
| Q1 25 | $33.2B | $2.9B | ||
| Q4 24 | $32.5B | $3.1B | ||
| Q3 24 | $32.7B | $2.8B | ||
| Q2 24 | $32.1B | $2.6B | ||
| Q1 24 | $31.8B | $2.5B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $630.4M | $220.0M |
| 自由现金流经营现金流 - 资本支出 | — | $164.8M |
| 自由现金流率自由现金流/营收 | — | 11.4% |
| 资本支出强度资本支出/营收 | — | 3.8% |
| 现金转化率经营现金流/净利润 | 2.18× | 2.07× |
| 过去12个月自由现金流最近4个季度 | — | $296.8M |
8季度趋势，按日历期对齐
经营现金流AXSDY
| Q4 25 | $630.4M | $220.0M | ||
| Q3 25 | $673.8M | $57.4M | ||
| Q2 25 | $-1.7B | $-54.0M | ||
| Q1 25 | $309.1M | $328.2M | ||
| Q4 24 | $355.5M | $65.8M | ||
| Q3 24 | $587.0M | $-7.5M | ||
| Q2 24 | $518.1M | $-37.4M | ||
| Q1 24 | $384.1M | $325.1M |
自由现金流AXSDY
| Q4 25 | — | $164.8M | ||
| Q3 25 | — | $5.8M | ||
| Q2 25 | — | $-133.5M | ||
| Q1 25 | — | $259.7M | ||
| Q4 24 | — | $-8.8M | ||
| Q3 24 | — | $-72.9M | ||
| Q2 24 | — | $-79.4M | ||
| Q1 24 | — | $267.7M |
自由现金流率AXSDY
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | -10.6% | ||
| Q1 25 | — | 23.9% | ||
| Q4 24 | — | -0.7% | ||
| Q3 24 | — | -6.1% | ||
| Q2 24 | — | -6.9% | ||
| Q1 24 | — | 28.1% |
资本支出强度AXSDY
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | 6.0% |
现金转化率AXSDY
| Q4 25 | 2.18× | 2.07× | ||
| Q3 25 | 2.23× | 0.59× | ||
| Q2 25 | -7.41× | -0.88× | ||
| Q1 25 | 1.59× | 10.05× | ||
| Q4 24 | 1.21× | 0.94× | ||
| Q3 24 | 3.25× | -0.11× | ||
| Q2 24 | 2.44× | -0.60× | ||
| Q1 24 | 0.97× | 13.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AXS
| Reinsurance | $1.4B | 82% |
| Other | $311.3M | 18% |
DY
暂无分部数据
